Fiat's Russia-based automaking partner, Sollers, said on Wednesday it narrowed a net loss in the first half of 2010 to 1.26 billion rubles ($42.07 million) from 3.6 billion rubles in the same period of 2009.
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VW's group design director Walter de' Silva says he is ready to create a new Alfa Romeo range if the German automaker acquires Fiat's sporty brand.
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Opel/Vauxhall's new minicar will be a competitor to Fiat's cult hit 500, the carmaker's sales and marketing head Alain Visser said. The General Motors Co.
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Fiat CEO Sergio Marchionne's latest investment freeze will again delay the launch of the third generation of Europe's biggest-selling minicar, the Panda, company sources said.
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Fiat CEO Sergio Marchionne's latest investment freeze will again delay the launch of the third generation of Europe's biggest-selling minicar, the Panda, company sources said.
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Ready or not, the Fiat 500 is coming to dealerships early next year armed with Italian style and penny-pinching fuel economy. The 500 was the cute little economy car that put postwar Italy on wheels when it arrived in 1957.
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Italian carmaker Fiat has confirmed rumours it would consider selling some of its 85 per cent stake in Ferrari and the famous Maranello based F1 team.
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The head of Fiat's premium brand Lancia has its dealer count in Europe will rise by about 50% by next year, excluding Italy, after it takes over outlets selling Chrysler and Jeep.
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PARIS (Reuters) -- Italian automaker Fiat has decided to launch new products only at the end of 2011 or early 2012 due to the weakness of the market, its CEO said on Friday.
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Chrysler Group LLC's initial public offering may be 'relatively small' and in 'chunks' so the U.S. automaker run by Fiat S.p.A. can establish a base market for its stock, the company's top executive said.
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Fiat CEO Sergio Marchionne said today that the Italian automaker has exercised an option to buy back 5 percent of Ferrari S.p.A. but fell short of saying it was a step toward an initial public of Fiat's exotic-car subsidiary.
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Fiat CEO Sergio Marchionne said today that the Italian automaker has exercised an option to buy back 5 percent of Ferrari S.p.A. but fell short of saying it was a step toward an initial public of Fiat's exotic-car subsidiary.
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Ally Financial will be the preferred consumer lender for Fiat vehicles sold in the United States, Chrysler Group confirmed today in a press release.
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The Argentine unit of Italian automaker Fiat SpA sees output tripling in two years if demand for new vehicles from Brazil continues to rise, a spokesman said on Wednesday.
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Fiat expects to raise its 2010 targets and will report a net profit this year, CEO Sergio Marchionne said Thursday.
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Volkswagen AG's group design director Walter de' Silva says he is ready to create a new Alfa Romeo range if the German automaker acquires Fiat's sporty brand.
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Volkswagen's group design director Walter de' Silva says he is ready to create a new Alfa Romeo range if the German automaker acquires Fiat's sporty brand.
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VW's group design director Walter de' Silva says he is ready to create a new Alfa Romeo range if the German automaker acquires Fiat's sporty brand. VW Chairman Ferdinand Piech acknowledged VW's interest in acquiring Alfa.
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Volkswagen Chairman Ferdinand Piech has set his sights on Fiat's Alfa Romeo as the next brand in his vast automotive empire.
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The marriage between Fiat and Chrysler is starting to show some results, and are presenting a product onslaught at the Mondial de l'Automobile in Paris.
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